... be sold as franchises. There's something about the prospect of a $5.6-billion deficit that has encouraged the government to obtain funds from selling its prime asset. However, the Ontario Liquor Board Employees' Union has been running a successful campaign against privatizing the LCBO, and at same time, National Union of Public and General Employees threw its full support behind a campaign to stop government of from privatizing the phenomenally-profitable Liquor Control Board of Ontario. Should LCBO be privatized now? In this report, first of all, the importance of the issue is discussed, then a detailed analysis of the interests among government, business and public is presented, finally I will draw the conclusion and make a few of recommendations for privatization of LCBO. 2. Importance of the Issue 2.1. Revenue The LCBO is a highly profitable business owned by the government of Ontario. It is also a significant component of the economy of the ...

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